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St Joseph, MO         Wed, Dec 02, 2020      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Wednesday 12/02/2020           120,000    2,000     497,000     6,000
Week ago                       118,000    2,000     494,000     6,000
Year ago (act)                 117,000    3,000     497,000     7,000
Week to date                   361,000    6,000   1,482,000    21,000
Same Period Last Week          360,000    6,000   1,488,000    22,000
Same Period Last Year (act)    358,000    7,000   1,489,000    24,000
Previous Day                      Steer and Heifer    Cow and Bull
                      Tuesday          96,000            26,000

**Revised Tuesday Hog Slaughter..488,000  New Week to Date..985,000**

INDEX
                      12/01  11/30  11/27  11/26  11/25  11/24  11/23
CATFAX FED 6 STATE   110.71 110.73 110.73   NA   110.61 109.50 109.49
CATFAX FED 3 STATE   110.98 110.98 110.98   NA   110.99 109.32 109.32
CME FEEDER           139.87 140.30+138.89 137.55 136.90 137.43 137.12
CME LEAN HOG         *66.71  66.67  66.81   NA    67.15  67.38  67.70
3 Area LEAN HOG       65.05  65.59  65.50   NA    65.68  65.88  66.14
NA = Not Available
**NA = Not Available Due to Packer Submission Issues.
+ Before the CME Feeder price indicates a revision by the CME.
* = Projection. CME projected Lean Hog Index, is only an estimate that 
may vary one or two cents from actual.

NOTES: 3 AREA LEAN: 3 area lean value base cost for 51-52% lean hogs
CATFAX FED 6 STATES: Iowa, Colorado, Kansas, Nebraska, Texas, and Oklahoma
CATFAX FED 3 STATES: Kansas, Texas, and Oklahoma

PORK

Des Moines, IA        Wed, Dec 02, 2020      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

12/02 AM CARCASS CUTOUT - $ 81.16   CHANGE  +4.08  TOTAL LD COUNT  187.74

12/02 PM CARCASS CUTOUT - $ 79.86   CHANGE  +2.78  TOTAL LD COUNT  365.11

CARLOT PORK -  OPEN  12/02         CARLOT PORK -  CLOSE 12/02
LOADS - CUTS  159.70 TRIM  28.04   LOADS - CUTS  320.31 TRIM  44.80
LOINS 1/4" Trim VAC       76.26    LOINS 1/4" Trim VAC       76.89
LOINS BNLS CC Strap On   118.57    LOINS BNLS CC Strap On   120.48
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    69.62           Trm Sel  20-23#    70.03
       Trm Sel  23-27#    70.36           Trm Sel  23-27#    70.30
BELLIES  Skn-on 10-12#   177.99    BELLIES  Skn-on 10-12#   158.28
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#  No Test

BEEF

Des Moines, IA        Wed, Dec 02, 2020      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales -
Afternoon - USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 1:30pm

Based on negotiated prices and volume of boxed beef cuts delivered within 0-21 
days and on average industry cutting yields. Values reflect U.S. dollars per 
100 pounds.

BEEF CUTOUTS -  OPEN  12/02        BEEF CUTOUTS - CLOSE 12/02
CH 600-900# $241.70  -1.70        CH 600-900# $240.89  -2.51
SE 600-900# $224.21  +1.13        SE 600-900# $222.95  -0.13
LOADS     48.01 - Choice Cuts     LOADS     73.53 - Choice Cuts
           8.22 - Select Cuts               12.47 - Select Cuts
           6.86 - Trimmings                 17.87 - Trimmings
          12.15 - Coarse Grinds             19.35 - Coarse Grinds

POULTRY

12/02 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (for current deliveries).
 8-16 lb hens $100 to $120 cents FOB
16-24 lb toms $100 to $120 cents FOB

11/26 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 11/21      Week Ago     Yr Ago
                                     163,084      166,758    164,828

11/27 - Weekly National Whole Broiler/Fryer Report 
National Composite Wtd Avg for the Week Ending: 11/27    Week Ago      Yr Ago
                                              $ 83.83    $ 80.05      $ 79.50
National Composite Wtd Avg for the Month of:  November  - $76.80

12/02 - Weekly Egg Sets & Chicks Placed - Delayed due to Veterans Day holiday
Weekly Egg Sets for the week ending 11/28 - 233 million, off 2% from a year ago
Chick placement for the week ending 11/28 - 181 million, off 2% from a year ago

12/02 New York Eggs
Prices are 3 cents lower on all sizes. The undertone is weak. Supplies and 
offerings are moderate to heavy. Retail demand is usually moderate. Food 
service demand is light. Market activity is slow to moderate. 

Extra Large    100-104
Large           98-102
Medium          86-90

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